24 Farnsworth Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Listed by Lioce Properties Group | $599,900 | |
| Listed by Lioce Properties Group | |||
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Expansive Raised Ranch situated on nearly 5 acres & boasting 4 BDRMS & 3 BA plus so much more, presents a remarkable opportunity. The Main Floor features an updated Kitchen w/Dining area that seamlessly flows into the spacious LR & Backyard Deck while the Primary Suite serves as a serene sanctuary w/ ensuite bathroom & spacious walk-in closet. 3 additional bedrooms complemented by a sizable 3/4 bath w/ laundry, finish off this level. The home continues to impress at Entry Level with over 5 additional rooms. These currently include a sunroom w/ wood stove, great room w/ sauna, workshop, home office, & sitting room w/wood stove. Each offers versatility and ability for expansion as does the partially finished space above the 3-car garage. Newer Roofs and Water Heater add to the appeal of this home. Situated just minutes from local amenities yet nestled in a private setting, this property offers a perfect mix of convenience & tranquility. Refer to the feature sheet for more detail.
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| Jul 30, 1996 | Sold | ||
| Sold | |||
| Jun 11, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017